The Effective Tax Rate, in General, Provides a Better Depiction

question 102

True/False

The effective tax rate, in general, provides a better depiction of a taxpayer's tax burden than the average tax rate.

---

Definitions:

Population Proportion

The fraction or percentage of a population that possesses a particular attribute or characteristic.

Sampling Distribution

The framework of distributed probabilities for an established statistic, gathered from random sampling.

Approximately Normal

Describing a distribution that resembles the bell-shaped curve of a normal distribution, especially when certain statistical conditions are met.

Population Proportion

The ratio of members in a group or category to the total population under study.